A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies.
In economics, cash is money in the physical form of currency, such as banknotes and coins.
A backpack—also called knapsack, schoolbag, rucksack, pack, booksack, bookbag, haversack or backsack—is, in its simplest frameless form, a fabric sack carried on one's back and secured with two straps that go over the shoulders; but it can have an external or internal frame, and there are bodypacks.
A banknote – also called a bill, paper money, or simply a note – is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.
A pocket is a bag- or envelope-like receptacle either fastened to or inserted in an article of clothing to hold small items. Pockets are also attached to luggage, backpacks, and similar items. In older usage, a pocket was a separate small bag or pouch.
Exonumia are numismatic items other than coins and paper money. This includes "Good For" tokens, badges, counterstamped coins, elongated coins, encased coins, souvenir medallions, tags, wooden nickels and other similar items. It is an aspect of numismatics and many coin collectors are also exonumists.
Money belts are belts with secret compartments, often worn by tourists. One form of money belt is a belt with a pouch attached to the front which is worn under a shirt to protect valuables from thieves and pickpockets.
A handbag, commonly known as a purse in North American English, is a handled medium-to-large bag used to carry personal items. It has also been called a pocketbook in parts of the U.S.
Digital currency is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card.
A briefcase is a narrow hard-sided box-shaped bag or case used mainly for carrying papers and equipped with a handle. Lawyers commonly use briefcases to carry briefs to present to a court, hence the name. Businesspeople and other white collar professionals also use briefcases to carry papers, and since the 1980s, electronic devices such as laptop computers and tablet computers. Some briefcases have only a main internal space, while others may have subsections, accordion sections, small pockets, or dividers. Briefcases may be made from leather, vinyl, durable fabric, thin metal, or plastic. Leather, vinyl, or fabric briefcases may have externally-accessible pockets or sleeves in addition to the main storage space. Some briefcases made of fabric may have a shoulder strap. Briefcases typically have a lock to protect the contents. Nowadays, briefcases may have padded internal pouches to protect laptop computers.
A waist bag, fanny pack, belt bag, moon bag, belly bag, or bumbag is a small fabric pouch worn like a belt around the waist by use of a strap above the hips that is secured usually with some sort of buckle. The straps sometimes have tri-glide slides, making them adjustable in order to fit properly. It can be considered as a purse worn around the waist.
A money clip is a device typically used to store cash and credit cards in a very compact fashion for those who do not wish to carry a wallet.
A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise. It is often contrasted with fiat currency issued by governments or central banks. In many countries, the issuance of private paper currencies and/or the minting of metal coins intended to be used as currency may even be a criminal act such as in the United States. Digital cryptocurrency is sometimes treated as an asset instead of a currency. Cryptocurrency is illegal as a currency in a few countries.
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer with a payment terminal and access automated teller machines (ATMs). Such cards are known by a variety of names, including bank cards, ATM cards, client cards, key cards or cash cards.
A contactless smart card is a contactless credential whose dimensions are credit card size. Its embedded integrated circuits can store data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports.
A purse or pouch, sometimes called coin purse for clarity, is a small money bag or pouch, made for carrying coins. In most Commonwealth countries it is known simply as a purse, while "purse" in the United States usually refers to a handbag. An obsolete variant is a porte-monnaie. "Purse" can also be a synonym to bursary, i.e. a monetary prize in a competition.
A money bag is a bag normally used to hold and transport coins and banknotes, often closed with a drawstring. When transported between banks and other institutions, money bags are usually moved in armored cars or money trains. It is a type of currency packaging. Money bags are often portrayed in cartoons and other light popular culture.
Currency packaging includes several forms of packing cash for easy handling and counting. Many systems use standard color-coding or are marked to indicate the amount in the package.
A bag is a common tool in the form of a non-rigid container, typically made of cloth, leather, bamboo, paper, or plastic. The use of bags predates recorded history, with the earliest bags being lengths of animal skin, cotton, or woven plant fibers, folded up at the edges and secured in that shape with strings of the same material. Bags can be used to carry items such as personal belongings, groceries, and other objects. They comes in various shapes and sizes, often equipped with handles or straps for easier carrying.
A cryptocurrency wallet is a device, physical medium, program or an online service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more often offers the functionality of encrypting and/or signing information. Signing can for example result in executing a smart contract, a cryptocurrency transaction, identification, or legally signing a 'document'.
